COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The May HBA was 27.73  percent higher Y-o-Y.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power ...


Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...


Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...


Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...


Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement * MMTC says import delays could add to power shortages Alibaba reported that,  India's s ...


   1319 1320 1321 1322 1323   
Showing 6601 to 6605 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Asmin Koalindo Tuhup - Indonesia
  • IMC Shipping - Singapore
  • Africa Commodities Group - South Africa
  • European Bulk Services B.V. - Netherlands
  • White Energy Company Limited
  • Oldendorff Carriers - Singapore
  • McConnell Dowell - Australia
  • TGV SRAAC LIMITED, India
  • HSBC - Hong Kong
  • PetroVietnam
  • Straits Asia Resources Limited - Singapore
  • Australian Coal Association
  • Bukit Baiduri Energy - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • London Commodity Brokers - England
  • Indika Energy - Indonesia
  • Tamil Nadu electricity Board
  • Georgia Ports Authority, United States
  • Borneo Indobara - Indonesia
  • Vedanta Resources Plc - India
  • Cebu Energy, Philippines
  • Bharathi Cement Corporation - India
  • Asia Cement - Taiwan
  • Central Electricity Authority - India
  • Maheswari Brothers Coal Limited - India
  • Adaro Indonesia
  • Rio Tinto Coal - Australia
  • Kumho Petrochemical, South Korea
  • Mitsubishi Corporation
  • Indorama - Singapore
  • Heidelberg Cement - Germany
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • MEC Coal - Indonesia
  • Glencore India Pvt. Ltd
  • Freeport Indonesia
  • Cardiff University - UK
  • Timah Investasi Mineral - Indoneisa
  • GAC Shipping (India) Pvt Ltd
  • ICICI Bank Limited - India
  • Gupta Coal India Ltd
  • Kepco SPC Power Corporation, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Dalmia Cement Bharat India
  • Infraline Energy - India
  • Kartika Selabumi Mining - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Mercator Lines Limited - India
  • MS Steel International - UAE
  • DBS Bank - Singapore
  • Pinang Coal Indonesia
  • KEPCO - South Korea
  • Moodys - Singapore
  • TANGEDCO India
  • Deutsche Bank - India
  • Romanian Commodities Exchange
  • Bukit Makmur.PT - Indonesia
  • Petron Corporation, Philippines
  • Uttam Galva Steels Limited - India
  • Grasim Industreis Ltd - India
  • Goldman Sachs - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Inco-Indonesia
  • Kideco Jaya Agung - Indonesia
  • Coal and Oil Company - UAE
  • U S Energy Resources
  • Qatrana Cement - Jordan
  • Berau Coal - Indonesia
  • Coalindo Energy - Indonesia
  • UBS Singapore
  • Merrill Lynch Bank
  • World Bank
  • KOWEPO - South Korea
  • bp singapore
  • Idemitsu - Japan
  • Power Finance Corporation Ltd., India
  • Xstrata Coal
  • Maersk Broker
  • CoalTek, United States
  • Gujarat Sidhee Cement - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Marubeni Corporation - India
  • Mercuria Energy - Indonesia
  • Cemex - Philippines
  • Tanito Harum - Indonesia
  • TeaM Sual Corporation - Philippines
  • Bhoruka Overseas - Indonesia
  • SASOL - South Africa
  • Siam City Cement - Thailand
  • Bhushan Steel Limited - India
  • San Jose City I Power Corp, Philippines
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • JPMorgan - India
  • McKinsey & Co - India
  • Electricity Generating Authority of Thailand
  • Mjunction Services Limited - India
  • NALCO India
  • Mitra SK Pvt Ltd - India
  • Thomson Reuters GRC
  • Malabar Cements Ltd - India
  • Coeclerici Indonesia
  • GB Group - China
  • Peabody Energy - USA
  • Banpu Public Company Limited - Thailand
  • Singapore Mercantile Exchange
  • Essar Steel Hazira Ltd - India
  • Deloitte Consulting - India
  • Salva Resources Pvt Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Chamber of Mines of South Africa
  • Maruti Cements - India
  • Sojitz Corporation - Japan
  • Adani Power Ltd - India
  • Australian Commodity Traders Exchange
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Britmindo - Indonesia
  • Siam City Cement PLC, Thailand
  • Coastal Gujarat Power Limited - India
  • Wood Mackenzie - Singapore
  • Sical Logistics Limited - India
  • Malco - India
  • Gujarat Mineral Development Corp Ltd - India
  • Ambuja Cements Ltd - India
  • Karaikal Port Pvt Ltd - India
  • PLN - Indonesia
  • WorleyParsons
  • Indian Energy Exchange, India
  • Permata Bank - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Holcim Trading Pte Ltd - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Kobexindo Tractors - Indoneisa
  • Sindya Power Generating Company Private Ltd
  • Meralco Power Generation, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Surastha Cement
  • Rudhra Energy - India
  • ING Bank NV - Singapore
  • Orica Australia Pty. Ltd.
  • Planning Commission, India
  • Thailand Anthracite
  • Panama Canal Authority
  • Parliament of New Zealand
  • PowerSource Philippines DevCo
  • Bangladesh Power Developement Board
  • Binh Thuan Hamico - Vietnam
  • CNBM International Corporation - China
  • Parry Sugars Refinery, India
  • Gresik Semen - Indonesia
  • India Bulls Power Limited - India
  • Thriveni
  • TNB Fuel Sdn Bhd - Malaysia
  • Renaissance Capital - South Africa
  • Krishnapatnam Port Company Ltd. - India
  • Karbindo Abesyapradhi - Indoneisa
  • Arutmin Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Aditya Birla Group - India
  • Kapuas Tunggal Persada - Indonesia
  • CIMB Investment Bank - Malaysia
  • IOL Indonesia
  • Lafarge - France
  • Iligan Light & Power Inc, Philippines
  • Ministry of Mines - Canada
  • Geoservices-GeoAssay Lab
  • Kohat Cement Company Ltd. - Pakistan
  • Jorong Barutama Greston.PT - Indonesia
  • South Luzon Thermal Energy Corporation
  • Commonwealth Bank - Australia
  • Formosa Plastics Group - Taiwan
  • Sakthi Sugars Limited - India
  • Medco Energi Mining Internasional
  • Rashtriya Ispat Nigam Limited - India
  • Meenaskhi Energy Private Limited - India
  • Cement Manufacturers Association - India
  • Samsung - South Korea
  • The State Trading Corporation of India Ltd
  • CESC Limited - India
  • The Treasury - Australian Government
  • Jatenergy - Australia
  • Core Mineral Indonesia
  • Vizag Seaport Private Limited - India
  • Orica Mining Services - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sucofindo - Indonesia
  • BRS Brokers - Singapore
  • VISA Power Limited - India
  • Intertek Mineral Services - Indonesia
  • Samtan Co., Ltd - South Korea
  • Inspectorate - India
  • Bulk Trading Sa - Switzerland
  • Fearnleys - India
  • SUEK AG - Indonesia
  • IEA Clean Coal Centre - UK
  • Indian Oil Corporation Limited
  • Jindal Steel & Power Ltd - India
  • Maybank - Singapore
  • BNP Paribas - Singapore
  • GNFC Limited - India
  • Platou - Singapore
  • Bank of China, Malaysia
  • Ceylon Electricity Board - Sri Lanka
  • Barasentosa Lestari - Indonesia
  • Larsen & Toubro Limited - India
  • Petrosea - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Alfred C Toepfer International GmbH - Germany
  • Directorate Of Revenue Intelligence - India
  • Argus Media - Singapore
  • Bank of America
  • Price Waterhouse Coopers - Russia
  • Tata Power - India
  • JPower - Japan
  • Kobe Steel Ltd - Japan
  • Neyveli Lignite Corporation Ltd, - India
  • SMG Consultants - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Wilmar Investment Holdings
  • Global Business Power Corporation, Philippines
  • SRK Consulting
  • Interocean Group of Companies - India
  • Central Java Power - Indonesia
  • UOB Asia (HK) Ltd
  • J M Baxi & Co - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Posco Energy - South Korea
  • Global Coal Blending Company Limited - Australia
  • Attock Cement Pakistan Limited
  • Vale Mozambique
  • Independent Power Producers Association of India
  • Shree Cement - India
  • Agrawal Coal Company - India
  • Riau Bara Harum - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Asian Development Bank
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bhatia International Limited - India
  • Cosco
  • Port Waratah Coal Services - Australia
  • SGS (Thailand) Limited
  • Eastern Energy - Thailand
  • Runge Indonesia
  • Electricity Authority, New Zealand
  • Pipit Mutiara Jaya. PT, Indonesia
  • Indian School of Mines
  • Makarim & Taira - Indonesia
  • Mechel - Russia
  • Carbofer General Trading SA - India
  • TRAFIGURA, South Korea
  • GHCL Limited - India
  • Energy Link Ltd, New Zealand
  • Enel Italy
  • KPCL - India
  • Thiess Contractors Indonesia
  • OCBC - Singapore
  • Vitol - Bahrain
  • Tata Chemicals Ltd - India
  • Energy Development Corp, Philippines
  • Semirara Mining and Power Corporation, Philippines
  • EIA - United States
  • SMC Global Power, Philippines
  • Total Coal South Africa
  • Videocon Industries ltd - India
  • EMO - The Netherlands
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • ASAPP Information Group - India
  • Global Green Power PLC Corporation, Philippines
  • The India Cements Ltd
  • ANZ Bank - Australia
  • Coal India Limited
  • Mitsui
  • IHS Mccloskey Coal Group - USA
  • International Coal Ventures Pvt Ltd - India
  • Standard Chartered Bank - UAE
  • CCIC - Indonesia
  • Xindia Steels Limited - India
  • The University of Queensland
  • ACC Limited - India
  • Anglo American - United Kingdom
  • Thai Mozambique Logistica
  • Pendopo Energi Batubara - Indonesia
  • TNPL - India
  • IBC Asia (S) Pte Ltd
  • Merrill Lynch Commodities Europe
  • Minerals Council of Australia
  • Semirara Mining Corp, Philippines
  • Therma Luzon, Inc, Philippines
  • Thermax Limited - India
  • Eastern Coal Council - USA
  • Jaiprakash Power Ventures ltd
  • AsiaOL BioFuels Corp., Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Reliance Power - India
  • Shenhua Group - China
  • Mintek Dendrill Indonesia
  • Indogreen Group - Indonesia
  • Ernst & Young Pvt. Ltd.
  • RBS Sempra - UK
  • New Zealand Coal & Carbon
  • Star Paper Mills Limited - India
  • Coal Orbis AG
  • Sree Jayajothi Cements Limited - India
  • Madhucon Powers Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Cargill India Pvt Ltd
  • NTPC Limited - India
  • Metalloyd Limited - United Kingdom
  • OPG Power Generation Pvt Ltd - India
  • Arch Coal - USA
  • Noble Europe Ltd - UK
  • PLN Batubara - Indonesia
  • GMR Energy Limited - India
  • ETA - Dubai
  • Barclays Capital - USA
  • APGENCO India
  • Japan Coal Energy Center
  • Latin American Coal - Colombia
  • Antam Resourcindo - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Ince & co LLP
  • KPMG - USA
  • Bangkok Bank PCL
  • Ministry of Transport, Egypt
  • PTC India Limited - India
  • Credit Suisse - India
  • Trasteel International SA, Italy
  • Simpson Spence & Young - Indonesia
  • Russian Coal LLC
  • Coaltrans Conferences
  • Aboitiz Power Corporation - Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • LBH Netherlands Bv - Netherlands
  • World Coal - UK
  • Baramulti Group, Indonesia
  • GVK Power & Infra Limited - India
  • Economic Council, Georgia
  • GN Power Mariveles Coal Plant, Philippines
  • Clarksons - UK
  • PNOC Exploration Corporation - Philippines
  • Platts
  • Altura Mining Limited, Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Kaltim Prima Coal - Indonesia
  • Humpuss - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Edison Trading Spa - Italy
  • Savvy Resources Ltd - HongKong
  • Bayan Resources Tbk. - Indonesia
  • globalCOAL - UK
  • Ministry of Finance - Indonesia
  • Indonesian Coal Mining Association
  • Indonesia Power. PT
  • Lanco Infratech Ltd - India